A new £15.5 million ‘studiotel’ for game developers in Dundee has been proposed as part of the city’s $1 billion waterfront development.

As reported by local site The Courier, the space would offer “state-of-the-art” facilities for developers as well as on-site accommodation.

It’s hoped the studio could help further attract talent from around the UK and overseas to live in and work in the city.

Big returns for Dundee

The project is being led by the UK Games Talent and Finance CIC, which manages the UK Games Fund to provide investment for devs. An outline for the building has already received approval from Tay Cities Deal, which is handling the area’s development.

The potential studio would be funded from the private sector and a further £2 million from the Tay Cities Deal process.

The project’s backers believe the facility could contribute around £70 million to the local economy over 10 years and attract 200,000 visitors by hosting game showcase events.

Dundee already hosted the yearly Dare Protoplay event, which shows off games from local developers and titles from Dare to be Digital contestants.

“With virtual reality and other immersive technologies reshaping the future of the digital interactive content development industry, we in the Tay Cities region must act now so we can benefit from being a leading destination for digital content development,” said UK Games Talent and Finance CIC Chief Executive Paul Durrant.

“Working with the Digital Catapult we’ve also pioneered a new business process for automated digital shares in games projects and this will be at the forefront of our trust centre.”